Just Eat (LON:JE) Earns “Buy” Rating from UBS Group

Just Eat (LON:JE)‘s stock had its “buy” rating reissued by analysts at UBS Group in a research report issued to clients and investors on Friday, ThisIsMoney.Co.Uk reports.

Other equities analysts have also issued research reports about the company. Peel Hunt reiterated a “sell” rating and issued a GBX 520 ($6.84) price target on shares of Just Eat in a research report on Friday, January 24th. Canaccord Genuity reiterated a “sell” rating and issued a GBX 800 ($10.52) price target on shares of Just Eat in a research report on Tuesday, January 28th. Liberum Capital reiterated a “hold” rating on shares of Just Eat in a research report on Tuesday, January 28th. Citigroup reiterated a “neutral” rating on shares of Just Eat in a research report on Friday, January 24th. Finally, Royal Bank of Canada increased their price target on Just Eat from GBX 810 ($10.66) to GBX 1,030 ($13.55) and gave the company an “outperform” rating in a research report on Friday, January 17th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company. Just Eat presently has a consensus rating of “Hold” and a consensus target price of GBX 793.47 ($10.44).

Shares of LON:JE remained flat at $GBX 861 ($11.33) during midday trading on Friday. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 29.47. Just Eat has a twelve month low of GBX 574.40 ($7.56) and a twelve month high of GBX 8,150 ($107.21). The firm has a market capitalization of $5.88 billion and a price-to-earnings ratio of 148.45. The business’s 50 day simple moving average is GBX 867.14 and its 200 day simple moving average is GBX 764.14.

Just Eat Company Profile

Just Eat plc, together with its subsidiaries, operates a hybrid marketplace for online food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 26 million customers and 100,000 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Italy, Mexico, Norway, Spain, Switzerland, and Brazil.

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Analyst Recommendations for Just Eat (LON:JE)

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